November 28, 2014, 1:34 pm
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1 Philippine Peso = 0.08166 UAE Dirham
1 Philippine Peso = 2.49378 Albanian Lek
1 Philippine Peso = 0.0398 Neth Antilles Guilder
1 Philippine Peso = 0.18946 Argentine Peso
1 Philippine Peso = 0.02601 Australian Dollar
1 Philippine Peso = 0.0398 Aruba Florin
1 Philippine Peso = 0.04446 Barbados Dollar
1 Philippine Peso = 1.71921 Bangladesh Taka
1 Philippine Peso = 0.03497 Bulgarian Lev
1 Philippine Peso = 0.00838 Bahraini Dinar
1 Philippine Peso = 34.2819 Burundi Franc
1 Philippine Peso = 0.02223 Bermuda Dollar
1 Philippine Peso = 0.02885 Brunei Dollar
1 Philippine Peso = 0.15362 Bolivian Boliviano
1 Philippine Peso = 0.05558 Brazilian Real
1 Philippine Peso = 0.02223 Bahamian Dollar
1 Philippine Peso = 1.37567 Bhutan Ngultrum
1 Philippine Peso = 0.20415 Botswana Pula
1 Philippine Peso = 242.32992 Belarus Ruble
1 Philippine Peso = 0.04435 Belize Dollar
1 Philippine Peso = 0.02501 Canadian Dollar
1 Philippine Peso = 0.02137 Swiss Franc
1 Philippine Peso = 13.32125 Chilean Peso
1 Philippine Peso = 0.13648 Chinese Yuan
1 Philippine Peso = 48.1325 Colombian Peso
1 Philippine Peso = 11.95087 Costa Rica Colon
1 Philippine Peso = 0.02223 Cuban Peso
1 Philippine Peso = 1.93753 Cape Verde Escudo
1 Philippine Peso = 0.4901 Czech Koruna
1 Philippine Peso = 4.04624 Djibouti Franc
1 Philippine Peso = 0.13226 Danish Krone
1 Philippine Peso = 0.98032 Dominican Peso
1 Philippine Peso = 1.90874 Algerian Dinar
1 Philippine Peso = 0.27815 Estonian Kroon
1 Philippine Peso = 0.15899 Egyptian Pound
1 Philippine Peso = 0.44722 Ethiopian Birr
1 Philippine Peso = 0.01778 Euro
1 Philippine Peso = 0.0433 Fiji Dollar
1 Philippine Peso = 0.01407 Falkland Islands Pound
1 Philippine Peso = 0.01408 British Pound
1 Philippine Peso = 0.07053 Ghanaian Cedi
1 Philippine Peso = 0.95843 Gambian Dalasi
1 Philippine Peso = 156.29169 Guinea Franc
1 Philippine Peso = 0.16953 Guatemala Quetzal
1 Philippine Peso = 4.57314 Guyana Dollar
1 Philippine Peso = 0.17239 Hong Kong Dollar
1 Philippine Peso = 0.47132 Honduras Lempira
1 Philippine Peso = 0.13643 Croatian Kuna
1 Philippine Peso = 1.03469 Haiti Gourde
1 Philippine Peso = 5.45643 Hungarian Forint
1 Philippine Peso = 271.6763 Indonesian Rupiah
1 Philippine Peso = 0.08611 Israeli Shekel
1 Philippine Peso = 1.37328 Indian Rupee
1 Philippine Peso = 25.81147 Iraqi Dinar
1 Philippine Peso = 596.70965 Iran Rial
1 Philippine Peso = 2.75033 Iceland Krona
1 Philippine Peso = 2.51556 Jamaican Dollar
1 Philippine Peso = 0.01568 Jordanian Dinar
1 Philippine Peso = 2.61727 Japanese Yen
1 Philippine Peso = 2.00311 Kenyan Shilling
1 Philippine Peso = 1.28004 Kyrgyzstan Som
1 Philippine Peso = 90.26234 Cambodia Riel
1 Philippine Peso = 8.74334 Comoros Franc
1 Philippine Peso = 20.00889 North Korean Won
1 Philippine Peso = 24.56092 Korean Won
1 Philippine Peso = 0.00647 Kuwaiti Dinar
1 Philippine Peso = 0.01823 Cayman Islands Dollar
1 Philippine Peso = 4.0229 Kazakhstan Tenge
1 Philippine Peso = 178.91285 Lao Kip
1 Philippine Peso = 33.64829 Lebanese Pound
1 Philippine Peso = 2.91518 Sri Lanka Rupee
1 Philippine Peso = 1.85638 Liberian Dollar
1 Philippine Peso = 0.24378 Lesotho Loti
1 Philippine Peso = 0.06138 Lithuanian Lita
1 Philippine Peso = 0.01132 Latvian Lat
1 Philippine Peso = 0.02673 Libyan Dinar
1 Philippine Peso = 0.19613 Moroccan Dirham
1 Philippine Peso = 0.33348 Moldovan Leu
1 Philippine Peso = 1.09815 Macedonian Denar
1 Philippine Peso = 22.98799 Myanmar Kyat
1 Philippine Peso = 41.96309 Mongolian Tugrik
1 Philippine Peso = 0.17757 Macau Pataca
1 Philippine Peso = 6.45843 Mauritania Ougulya
1 Philippine Peso = 0.7092 Mauritius Rupee
1 Philippine Peso = 0.34149 Maldives Rufiyaa
1 Philippine Peso = 10.93375 Malawi Kwacha
1 Philippine Peso = 0.3052 Mexican Peso
1 Philippine Peso = 0.0745 Malaysian Ringgit
1 Philippine Peso = 0.24395 Namibian Dollar
1 Philippine Peso = 3.93175 Nigerian Naira
1 Philippine Peso = 0.59093 Nicaragua Cordoba
1 Philippine Peso = 0.15179 Norwegian Krone
1 Philippine Peso = 2.21165 Nepalese Rupee
1 Philippine Peso = 0.02823 New Zealand Dollar
1 Philippine Peso = 0.00856 Omani Rial
1 Philippine Peso = 0.02223 Panama Balboa
1 Philippine Peso = 0.06485 Peruvian Nuevo Sol
1 Philippine Peso = 0.05666 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.26323 Pakistani Rupee
1 Philippine Peso = 0.07429 Polish Zloty
1 Philippine Peso = 103.22766 Paraguayan Guarani
1 Philippine Peso = 0.08095 Qatar Rial
1 Philippine Peso = 0.07852 Romanian New Leu
1 Philippine Peso = 1.05308 Russian Rouble
1 Philippine Peso = 15.31792 Rwanda Franc
1 Philippine Peso = 0.08343 Saudi Arabian Riyal
1 Philippine Peso = 0.16616 Solomon Islands Dollar
1 Philippine Peso = 0.31503 Seychelles Rupee
1 Philippine Peso = 0.12633 Sudanese Pound
1 Philippine Peso = 0.1645 Swedish Krona
1 Philippine Peso = 0.02885 Singapore Dollar
1 Philippine Peso = 0.01408 St Helena Pound
1 Philippine Peso = 0.49369 Slovak Koruna
1 Philippine Peso = 97.59893 Sierra Leone Leone
1 Philippine Peso = 17.11872 Somali Shilling
1 Philippine Peso = 436.63851 Sao Tome Dobra
1 Philippine Peso = 0.19445 El Salvador Colon
1 Philippine Peso = 3.78835 Syrian Pound
1 Philippine Peso = 0.24392 Swaziland Lilageni
1 Philippine Peso = 0.72832 Thai Baht
1 Philippine Peso = 0.04082 Tunisian Dinar
1 Philippine Peso = 0.04447 Tonga Pa'ang
1 Philippine Peso = 0.04914 Turkish Lira
1 Philippine Peso = 0.14111 Trinidad Tobago Dollar
1 Philippine Peso = 0.68688 Taiwan Dollar
1 Philippine Peso = 38.65051 Tanzanian Shilling
1 Philippine Peso = 0.33299 Ukraine Hryvnia
1 Philippine Peso = 61.69409 Ugandan Shilling
1 Philippine Peso = 0.02223 United States Dollar
1 Philippine Peso = 0.52401 Uruguayan New Peso
1 Philippine Peso = 53.38128 Uzbekistan Sum
1 Philippine Peso = 0.13979 Venezuelan Bolivar
1 Philippine Peso = 475.43353 Vietnam Dong
1 Philippine Peso = 2.20209 Vanuatu Vatu
1 Philippine Peso = 0.05437 Samoa Tala
1 Philippine Peso = 11.65778 CFA Franc (BEAC)
1 Philippine Peso = 0.06003 East Caribbean Dollar
1 Philippine Peso = 11.69075 CFA Franc (BCEAO)
1 Philippine Peso = 2.12428 Pacific Franc
1 Philippine Peso = 4.77779 Yemen Riyal
1 Philippine Peso = 0.24361 South African Rand
1 Philippine Peso = 115.3735 Zambian Kwacha
1 Philippine Peso = 8.0458 Zimbabwe dollar

US okays deal making biggest miller bigger

WASHINGTON - ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after agreeing to sell four mills to a Japanese company.
 
The companies had announced in March 2013 that ConAgra Foods Inc would join Horizon Milling, a joint venture of Cargill Inc. and CHS Inc that is the largest flour miller in America. CHS is owned by farmers and cooperatives. The combined company will be called Ardent Mills.
 
Horizon Milling is already the largest U.S. flour miller, Archer Daniels Midland is the second-largest and ConAgra is No. 3.
 
To secure Justice Department approval, the grain and food-handling companies agreed to sell four mills to Miller Milling Co, a U.S.-based unit of Tokyo-based Nisshin Flour Milling Inc, which is a subsidiary of Nisshin Seifun Group Inc.
 
The mills to be sold are Horizon’s facility in Los Angeles and ConAgra’s facilities in Oakland, California; Saginaw, Texas; and New Prague, Minnesota.
 
“Without the Antitrust Division’s required divestitures, the creation of Ardent Mills would have resulted in less competition in the sale of wheat flour, resulting in customers, such as industrial bakers and food service companies, paying higher prices for wheat flour,” said Renata Hesse, a deputy assistant attorney general at the Antitrust Division.
 
The three companies are pleased with the approval, and the new entity will begin operations around the end of May, the companies said in a joint release. Under agreement with the Justice Department, this cannot be done until the four mills are sold.
 
“We strongly believe in the merits of this transaction and the benefits it will bring to customers, consumers, wheat suppliers, shareholders and employees,” said Paul Maass, president of Private Brands and Commercial Foods for ConAgra Foods.
 
Patrick Woodall of Food and Water Watch, which has asked for the deal to be blocked, said the required asset sale was inadequate since Ardent would have five of seven mills in the northeastern United States, between Boston and northern Pennsylvania.
 
And even with the divestiture of a Minnesota mill, Ardent will still have half of the flour mills in the St. Paul-Minneapolis area, he said.
 
Horizon, which is owned by Cargill and CHS, has 20 mills that can produce about 27 million pounds of flour a day while ConAgra’s 21 mills can produce 23 million pounds of flour, the Justice Department said in a court filing.
 
In afternoon U.S. trading, Conagra shares were down 0.4 percent and CHS shares were down 0.2 percent. 
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Column of the Day

Will Ona be in or out?

By ELLEN TORDESILLAS | November 28,2014
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‘All these reports of anomalies at the DOH are lamentable because it concern the health of the Filipino people.’

Opinion of the Day

PNoy’s downsides

By AMADO P. MACASAET | November 28, 2014
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‘Refusing to do a duty   is a heinous crime of indecision.’